Pinterest Revenue Projections Fall Short Amid Tariff Concerns

3 months ago

Speaker

"But I'm looking at Pinterest uh pre-market down 18%. Down 18%. I know. Yeah. Pins. P I N S is a ticker. So this is basically the platform where you go to find ideas, right? Like I bought a new home. I want to know how to decorate it. I go to Pinterest and I do and I search there and I look for all these cool pictures. But the problem is that their revenue projections fell short, right? And that's sign that their advertising business is not growing as fast as expected. And the company makes almost all of its revenue from advertising. So that's big for them. Um they even launched this thing called Pinterest Assistant. I haven't tested into that yet. But another issue that the CFO pointed to was tariffs. I mean they say tariffs are impacting the home furnishing category."

The speaker notes that Pinterest (PINS) is trading down 18% pre-market, attributing the decline to revenue projections that missed expectations. Furthermore, challenges like tariff impacts on the home furnishing category are pressuring its advertising-driven revenue model.

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